If it weren’t for liquidity right now, the stock market rally could be ripping apart, according to BMO Private Bank’s chief investment officer.
“Any sense that this IV drip of liquidity coming into the market is slowing down at all is going to cause some issues,” Jack Ablin said on CNBC’s “Futures Now.”
He emphasized that investors have been encouraged to take on risk due to the trillions of dollars being pumped into the financial system by central banks.
